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Topic: If an ICO team is anonymous, is it a scam? - page 7. (Read 4385 times)

full member
Activity: 504
Merit: 115
Silent Reader~
December 27, 2018, 11:30:24 AM
I say no! Not all projects with anonymous team members are scam project. However, identity is very important to increase the credibility of the related project.
Even though, I'm not interested in the project that doesn't have the identity of the team, because I am very careful to avoid the scam project.
hero member
Activity: 1666
Merit: 453
December 27, 2018, 10:40:15 AM
It is not 100 percent scam and we don't know what will be the future of the project.
But it is not a good sign to invest with an anonymous team as they can run anytime with the money.
ICO project is best to have team in public and let investors who are they dealing with!
jr. member
Activity: 100
Merit: 1
December 27, 2018, 10:38:38 AM
Sorry, I’m finding a lot of ICO. And for a long time I have not seen the draft ICO with an anonymous team. The topic of this section is not clear in this sense either. Yes, I agree that if a project appears with an anonymous team of project developers, I will never invest in it.
full member
Activity: 350
Merit: 102
December 26, 2018, 02:50:38 PM
You should not compare Bitcoin with modern projects. When Bitcoin was created, no ICO was carried out. That is, all the funds that were spent on the development of the idea belonged to the so-called Satoshi (we don’t know who stands behind this name, it could be one person or a whole team).
On the other hand, we have a project that is going to attract funds from its sponsors for its development, but at the same time the project participants don't reveal their identity.
It's just ridiculous. In my opinion this is a scam project. Of course, there is a scant chance that this is a normal project, but common sense tells me to keep as far away as possible from this ICO. What I recommend to you
full member
Activity: 644
Merit: 101
December 26, 2018, 02:22:40 PM
If the team wants to remain anonymous, this does not mean that their ICO scam. Probably they have a reason, but personally I would think about investing in such projects. Choosing between a good ICO, team members who are not anonymous and a good ICO with an anonymous team I will choose a non-anonymous team. But the choice is yours.
In most cases today, investing in projects that have anonymous teams is still not popular, it was not necessary before, but now, during the period when people understand that they are being deceived almost every day, people want to see people's faces.
hero member
Activity: 812
Merit: 501
THE ENERGY EFFICIENCY PROTOCOL
December 25, 2018, 03:11:16 PM
If the team wants to remain anonymous, this does not mean that their ICO scam. Probably they have a reason, but personally I would think about investing in such projects. Choosing between a good ICO, team members who are not anonymous and a good ICO with an anonymous team I will choose a non-anonymous team. But the choice is yours.
full member
Activity: 644
Merit: 101
December 25, 2018, 02:43:27 PM
The anonymity of the team is clearly worried. I believe that the team must first be public. Many bounty hunters, choosing a project, are guided by various factors, including the team.
That's right, even bounty hunters will definitely choose projects where people who don’t hide their data will be shown, so I think that today you need to completely enter your data if you want to hold an ICO
full member
Activity: 938
Merit: 137
December 25, 2018, 01:28:59 PM
Now we all see a large percentage of fraud in ICO projects. Therefore, ICO teams must prove that they are not scammers precisely because of their openness and transparency. If the ICO team does not want to call themselves, it is very convenient for fraudsters, they only want to send millions of dollars in cryptocurrency to beautiful streamlined words about their intentions. No, such an ICO command should be regarded as fraudulent, so that there it does not explain in its own defense.
member
Activity: 938
Merit: 14
Earn more with Earn Network
December 25, 2018, 12:46:36 AM
The team of a project must be always ready to come to the public to share the concept behind the project in order to promote the product and ICO. What happens when these team members hide behind the scene without participants knowing their true identity? This gives most investors the impression that the project may not be a serious one or may be a scam.
full member
Activity: 1414
Merit: 100
December 25, 2018, 12:40:25 AM
Common advice is stay away from that ico, but wait because sometime there was a good project which is anonymous but we must make a deep analytic into such project, if we can't make deep analytic back to common advice, leave them. For me, the real scam is ico project that using fake team, such ico is worse than anonymous team.
member
Activity: 336
Merit: 12
December 25, 2018, 12:06:40 AM
Stay away from any project that has anonymous teams behind it ,they tend to go scammed anytime any day ,even ivdont get interest in coins that has anonymous teams ,I don't want to start mentioning names ,but coins still better because I've seen some coins that are still alive after three years now with anonymous teams but with tokens ? Don't even try it
member
Activity: 686
Merit: 39
December 24, 2018, 11:39:15 PM
Things have changed. Since there's a lot of scam ICOs, revealing the team member is a must today to gain a trust from investor. Even though there's still a possibility for an ICO project that has revealed its team member to be scam, at least we know the people who will be responsible.
full member
Activity: 700
Merit: 136
December 24, 2018, 08:58:38 PM
I think if all of the ICO team is anonymous, then it is very likely to be a scam. Given the choice of so many other ICOs and existing coins, why risk your money on an unknown team.
member
Activity: 434
Merit: 10
Unleash the Power of the World's Crypto Data
December 24, 2018, 08:55:18 PM
I don't usually do some interrogation techniques to the ICO teams to invest with my money because I don't have much time to get their personal informations. And I think even they are anonymous not all people behind the ICO teams are going to scam are investments because I participated some ICO's and don't scam my investments.
full member
Activity: 406
Merit: 100
Decentralized Digital Billboards
December 24, 2018, 08:27:50 PM
Who would we run after if they run away with our money, this is ICO we do not give our hard earned money to people we don't know or even the location, if this is an airdrop it is ok but there's a lot of risk if the ICO and the team behind it are all anonymous, I treat it as a potential scam.
Yeah, I have the same idea as you. It's very important to know any pieces of information about the team. If they do not have that, then who will responsible for anything happened to us then?
Just be more careful before deciding to join any ICOs.
jr. member
Activity: 518
Merit: 1
December 24, 2018, 05:52:36 PM
Obviously having access to the team profile behind the ICO project is important to know if people have professional experiences that can successfully lead the project.
And that's an added security for investors. But we can not say that ICOs with anonymous profiles are all scam as well.
member
Activity: 630
Merit: 14
December 24, 2018, 05:52:12 PM
Actually if the ICO team is anonymous then ICO is not necessarily a scam except that the confidence in the ICO is reduced. Many investors are hesitant to invest their money in the ICO because surely the ICO is considered irresponsible. Honestly, I myself do not believe in the ICO if the ICO team is anonymous. I better not want to take the risk of joining the ICO. I better look for other ICOs that are more responsible. Although it's not necessarily scam but I always see who the ICO development team is if I want to decide to take part in the ICO or not.
full member
Activity: 518
Merit: 100
December 24, 2018, 04:28:22 PM
Pay close attention to the people who represent the project and who takes responsibility for project future development. That is why I don't recommend to have any deal with startups that have no real names on its web-pages.
Also you need to check previous investment in this ICO.
jr. member
Activity: 434
Merit: 1
December 24, 2018, 04:03:52 PM
The anonymity of the team is clearly worried. I believe that the team must first be public. Many bounty hunters, choosing a project, are guided by various factors, including the team.
full member
Activity: 644
Merit: 101
December 24, 2018, 12:15:02 PM
Why will a team of a project decide to be anonymous and they are expecting people to invest in it. To me any team that can't come out clearly about their project and be proud of it is no go area either if it is scam or not scam.
Often, it is just such cases that lead people into a big mistake because people, after they understand that they will not bear any responsibility, they begin to seriously say that they are real, but do not really show themselves.
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